Here are data on two stocks, both of which have discount rates of $12\%$:

Stock A Stock B

Return on equity $12\%10\%$

Earnings per share $ $2\mathrm{.}60$ $ $2\mathrm{.}10$

Dividends per share $ $1\mathrm{.}30$ $ $1\mathrm{.}30$

What is the dividend payout ratio for each firm?

What is the expected dividend growth rate for each stock?

What is the value of each stock?